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Microsoft gives out 3,000 pink slips in their second wave of job cuts

Sections: Business News

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Yesterday, Microsoft let go more than 3,000 of its staff, almost double the amount that it laid off during their first wave of job cuts back in January. During that time, Microsoft had said that they planned to lay off 5,000 employees in order to stay afloat during the recession. This number has almost been reached after the pink slips were handed out yesterday. This could mean that another announcement could be on its way that will cut even more positions.

The layoffs occurred in both United States and international Microsoft operations. Different tech sectors of Microsoft were affected by the job cuts. CEO Steve Ballmer sent out the following memo to Microsoft employees regarding the new round of job cuts, “As we move forward, we will continue to closely monitor the impact of the economic downturn on the company and if necessary, take further actions on our cost structure including additional job eliminations.”

However, on a positive note Microsoft is hoping to hire more workers in different areas of development. This includes online services and the expected number of hires is in the 2,500 range.

Read: [CNET]

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